New Hope Medical Device Facility to Close, Cut Jobs
Medical device giant Becton, Dickinson & Co. plans to close its New Hope facility and is in the process of laying off dozens of employees.
The company, also known as BD, plans to shut down its Lutonix technology center in New Hope. According to a company statement the closure is effective March 31, 2020. The Lutonix facility makes a drug-coated balloon device to treat blocked blood vessels in the legs.
“This site closure results from a strategic decision, as part of our 2020 business planning efforts, to consolidate functions at the New Hope facility with the rest of our Peripheral Interventions business,” read the BD company statement.
Layoffs are expected to begin in December, affecting more than 50 employees.